(Adds company news items and futures)
March 25 (Reuters) - Britain's FTSE 100 .FTSE is seen opening 27 points lower at 7,181 on Monday, according to financial bookmakers, while FTSE 100 futures .FFIc1 were down 0.38 percent ahead of the cash market open.
* MAJESTIC: Majestic Wine WINEW.L said on Monday it would focus on its online wine retail business Naked Wines by releasing capital from its Retail and Commercial operations as Britain nears its exit from the European Union. INMARSAT: A private equity-led consortium on Monday agreed to buy British satellite operator Inmarsat ISA.L for about $3.4 billion in cash. CONVATEC: British medical devices maker ConvaTec Group Plc CTEC.L on Monday named Genus Plc's GNS.L top boss Karim Bitar as its chief executive officer and said Chairman Christopher Gent would retire from his role. ROYAL DUTCH SHELL: Just over a year after buying First Utility, Royal Dutch Shell RDSa.L has rebranded the British household energy supplier and is switching all its customers to renewable electricity as the oil and gas giant seeks to expand its low-carbon business. FLACKS: Flacks Group said on Friday it would not make an offer for Laura Ashley Holdings ALY.L , nearly a month after the British fashion retailer dismissed an unsolicited takeover offer from the investment firm. GVC Holdings: Ladbrokes (LON: LCL ) owner GVC Holdings Plc's GVC.L chairman, Lee Feldman, is preparing to leave the company, days after offloading a large stake at a discounted price, Sky News reported on Friday. GOLD: Gold rose on Monday as investors' appetite for riskier assets faded on concerns about a potential U.S. recession and decelerating global growth, increasing appeal for the bullion alongside yen and bonds. OIL: Oil prices dropped by almost 1 percent on Monday, with concerns recession could be looming outweighing supply disruptions from OPEC's production cutbacks and from U.S. sanctions on Iran and Venezuela. The UK blue-chip index closed 0.21 percent lower at 7207.59 on Friday as a surge in the pound weakened exporter stocks and poor manufacturing data from the euro zone and the United States pulled the index deeper into the red. For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
PRESS/GB Multimedia versions of Reuters Top News are now available for:
* 3000 Xtra
: visit http://topnews.session.rservices.com
* For Top News : http://topnews.reuters.com
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.